A creditor is a person who has sold goods on a credit basis and a debtor is a person who…
Generally, a bill of exchange is drawn by a creditor on his debtor to settle a trade debt. A creditor…
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri Narendra Modi, On November 25, 2024, announced its…
A book in which an account of bills of exchange and promissory notes, whether payable or receivable, is stated is…
The Tamil Nadu government has announced a list of 23 days as public holidays in 2025 under the Negotiable Instruments…
There are two different types of receipts that a business or a government generates during its financial activities. They are…
The Department of Investment and Public Asset Management (DIPAM) released new guidelines amending its earlier2016 rules to better reflect market…
The Government of the National Capital Territory of Delhi has released the official list of public holidays for 2025. In…
The Government of Rajasthan in their Order No.16 (1).v.m./2024 dated 19.11.2024 declared bank Holidays under section 25 of NI act…
Meaning of Expenditure and Expenses: Expenditure refers to the total amount spent to acquire goods or services, while expense refers…